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Credit score lowered on equifax by 8 points

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Anonymous
Not applicable

Credit score lowered on equifax by 8 points

So one of my credit cards showed a payment of 89 dollars, which lowered my total on the card that i owe, then my score dropped 8 points, any one know why paying bills on tme would lower score?

 

Nothing else has changed, pay bills on time every month, no late, no baddies, nothing. 

 

Confused

 

Thanks

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1 REPLY 1
Revelate
Moderator Emeritus

Re: Credit score lowered on equifax by 8 points

Welcome to the forums!

 

8 points isn't enough to worry about; unfortunately the credit monitoring alerts aren't very granular as they only trigger on a few changes and a lot more can happen on a file than just that.

 

Whtever caused the drop simply got rolled up into the balance update change, it wasn't paying down on the CC which triggered it.  Which score and where was it from for the drop?




        
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